Active

102 N Holliston Avenue

Pasadena CA, 91106

$4,980,000


$664.71 per sqft

Active

7,492 sqft

Multi-family

Built in 1959

Listed by Han Chen with Growth Investment Group Pasade 626-594-4900

102 N Holliston Ave, a rare gem in the heart of Pasadena, where prime location meets incredible potential. Welcome to 102 N Holliston Ave, an exceptional 11-unit apartment building that presents a lucrative value-add opportunity for savvy investors. Situated in one of Pasadena's most desirable neighborhoods, this property enjoys proximity to two renowned educational institutions - the prestigious CALTECH and Pasadena City College (PCC). With a constant influx of students, faculty, and staff seeking convenient housing options, 102 N Holliston Ave offers an ideal location for long-term tenant retention and consistent rental demand. This well-maintained apartment complex presents an excellent canvas for value-add enhancements. With a creative vision and strategic renovations, buyer has the opportunity to elevate the property's value and maximize the returns. Explore the potential for upgrading individual units, enhancing common areas, and implementing modern amenities to attract discerning renters seeking a comfortable, contemporary lifestyle. The property was built in 1959 and situated on southeast corner of Holliston Ave and Union St. It has a total of ±7,492SF building size and is situated on a large ±15,382SF R4 lot. It offers an excellent unit mix of one (1) 3-bedroom+2-bathroom, two (2) 2-bedroom+1-bathroom, and eight (8) 1-bedroom+1-bathroom units. 4 out of 11 of the units have undergone a top-to-bottom renovation with full electrical and plumbing upgrades, new high durability wood vinyl and tile flooring, state of the art mini-split HVAC systems, new kitchens which include new cabinets, new modern quartz countertops (w/ small breakfast counter), and new stainless-steel appliances (gas range, refrigerator, dishwasher, wine cooler, and kitchen vent hood), new bathrooms with new vanities, toilets, bathtubs, and name brand fixtures, and new led lighting in living room, bedroom and kitchen area, mirrored closet doors. These 4 units have an in-unit laundry machine (seller provided). Each unit has a private balcony/semi-private patio. There are 12 parking spaces provided by a detached carport and tuck-under parking in the back. There is a shared laundry area in the parking area. Each unit is separately metered for gas and electricity and serviced by central water heaters.

AR23121674

MLS ID

July 7, 2023

Listed

October 27, 2023

Updated

Map

102 N Holliston Avenue
Pasadena CA, 91106

Interior Features

Total Stories

2


Appliances

Dryer, Washer


Laundry Description

Common Area, Washer Hookup, Gas Dryer Hookup, In Carport


Floor Description

Laminate, Vinyl, Wood


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.35 acres


Lot Features

Lawn, Near Public Transit, Rectangular Lot, Street Level


Sewer

Public Sewer

Other Property Details

Days on Market

112


Association Amenities

Suburban, Valley


Garage

No


Parking

Assigned, Carport


Parking Total

12


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None

Listing Contact: 626-594-4900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/27/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/27/2023 at 9:45 PM UTC

 

Powered byLuxury Presence